Massachusetts Capital Resource Company

The Massachusetts Capital Resource Company (MCRC) is a distinctive private limited partnership established in 1977 by the Massachusetts Legislature. It is uniquely funded by Massachusetts-based life insurance companies and banks, reflecting its public-private mandate to support the state's economic development. MCRC's primary mission is to provide crucial capital to established Massachusetts-based businesses that may face challenges in accessing traditional financing channels.

MCRC specializes in offering mezzanine debt and equity capital, catering to companies that are beyond the early-stage startup phase. Their typical portfolio companies are well-established, demonstrating annual revenues that generally range from $10 million to $250 million. This focus allows MCRC to support mature businesses poised for growth, expansion, or strategic transitions, thereby contributing to the stability and growth of the state's economy.

The firm's investment size typically ranges from $2 million to $10 million per transaction, providing substantial capital injections tailored to the needs of mid-sized enterprises. Since its inception, MCRC has made a significant impact on the Commonwealth's economic landscape, having invested over $500 million across more than 250 Massachusetts companies. This extensive investment activity underscores MCRC's commitment to fostering job creation and retention, playing a vital role in the prosperity of Massachusetts.